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Here are some of the people who will get extra ‘plus-up’ stimulus payments in 2021
Updated Apr 03, 2021;
Posted Apr 03, 2021
A new dependent in 2020 may change 2021 stimulus payments going out as the IRS processes 2020 returns.
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By Susan Tompor, Detroit Free Press
Did you just get surprised by a little extra stimulus cash in your bank account? Maybe.
The Internal Revenue Service says that its third batch of payments includes what it calls the first of many “plus-up” stimulus payments.
The “plus-up” payments will continue, the IRS said, as the IRS continues processing tax returns from 2020 and 2019. Yes, some 2019 returns need to be processed, too.
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Key Stimulus Payment Dates as Deadline Set For Social Security Recipients
On 4/4/21 at 10:25 AM EDT
More stimulus payments are being sent out under the American Rescue Plan.
The federal government began processing a third round of economic impact payments in late March, the Internal Revenue Service (IRS) said ahead of the Easter weekend.
Individuals earning less than $75,000 are eligible for the full $1,400 payments. Those earning between $75,000 and $80,000 get smaller payments, and they cut out completely for those earning upwards of $80,000.
However, there was a delay in payments for Social Security recipients and other federal beneficiaries who did not file a 2019 or 2020 tax return or did not use the tool made available on IRS website for non-filers.